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#SE #Take stock – SE stocks backlog of 231.23 million baht, gradually delivering close to 200 million baht. Executives see business in the second half of the year continuing to grow, pointing out that the high season pushes products to sell well. Ready to open your wallet and receive full investment. Encourage margins to swell Aggressive selling government products Expect a lot of infrastructure projects

Mr. Krirk Lee Kasem Deputy Executive Officer SiamEast Solutions Public Company Limited or SE Leader in Procurement and distribution Ready to provide complete services regarding pump systems, production process equipment, and piping systems, including materials. Innovation in the Eastern region revealed that it expects business in the 3rd quarter of 2022 to continue to be good from the 2nd quarter of 2022 because it is the season for selling pump system products. In addition, refinery customers are recovering. Resulting in a large number of orders (orders) coming in.

In addition, the company will recognize income from investment. Kessel (Thailand) Company Limited or KESSEL and Utility Business Alliance Company Limited or UBA coming continuously

//Push margins to swell

It is believed that the operating results will increase. It will result in the second half of 2022 growing better than the first half with income of 273.40 million baht and a net profit of 27.53 million baht. For the past 2nd quarter of 2022, the company had a net profit of 14.06 million baht, compared to the same period last year. at 5.53 million baht, an increase of 8.53 million baht, or a growth of 154.25%. Total income was 135.23 million baht, compared to the same period last year of 126.10 million baht, an increase of 9.13 million baht, or a growth of 7.24%.

For KESSEL’s performance in the first half of 2022, it can still grow as planned. It is also expected that KESSEL will help support SE’s profit rate or margin to grow higher. Because the gross profit margin or Gross Profit Margin is high at 30-35% and higher than SE’s product sales.

At the same time, the company has work on hand or backlog of 231.23 million baht, which will gradually be delivered in the second half of 2022, approximately 196.41 million baht. The company views this year as another year of SE growth after the company has adjusted its strategy. Run a business and bring modern technology and data into consideration Make decisions about selling products and support customer needs Including collaborating with partners to further strengthen the business.

// Aiming to invest in new business

“Our products sell better, resulting in good Q2 results. Q3 is expected to continue to be good. Because it’s a time when we sell a lot of things. It is also a time when many factories are back to normal operations. Giving us the opportunity to sell more products. As for the customer group, there are also refinery, petrochemical, etc. groups,” Mr. Krirk said.

In addition, the company also gives importance to looking for new business and new products. To meet the needs of the situation Moreover, we emphasize and create opportunities. and competitive ability Large project work To support new investment by customers and create income. High value to the company.

In addition, the company will focus on selling products to government customers. This is because the government sector has invested in many infrastructure projects. In this regard, business competition The company will expand its investment formats. or mergers and acquisitions (M&A) to increase competitiveness and drive operating results to grow strongly.

– Source Thunhoon